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. now that the elections are over, will washington do anything or will the town always on break continue to object structure, politicize and, of course, our favorite phrase kick that can down the road? the new washington is basically the same z the one before the election. the president is still obama, the senate is still solidly democratic and the house is republican, albeit by a small erma jort. three people in charge had this to say after the election. >> tonight you voted for action, not politics as usual. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans but americans. >> it's better to dance than to fight. it's better to work together. everything doesn't have to be a fight. >> i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together. >> because the american people expect us to find common ground, we're willing to accept additional revenues via tax reform. >> legislation is the art of compromising and consensus building. >> despite all the frustrations of washington, i'
the election is behind us, and it's time to confront the fiscal cliff, or as we at "the cycle" call it until we invent poetic phrasing, the gradual fiscal slope. whatever you want to call it, it's staring you in the face. two hours ago the president flanked by middle class taxpayers said this in the white house east room. >> the american people voted for action, not politics as usual. our job now is to get the majority of congress to reflect the will of the american people. what the american people are looking for is cooperation. they're looking for consensus. they're looking for common sense. most of all, they want action. >> the president has invited congressional leaders to the white house next week to start negotiations. he's made it clear that the election is a message that the people won't compromise. >> i intend to work with both parties to do more. i'm not wedded to every detail of my plan. i'm open to compromise. i'm open to new ideas. but i refuse to accept any approach that isn't balanced. but, as i've said before, we can't just cut our way to prosperity. if we're serious about reduc
blankfein not in the meeting today wrote in "wall street journal" today, the election offers an important opportunity to forge a more productive relationship. sounds hopeful. or obligatory, maybe. the president echoed that tone about 90 minutes ago in the first news conference since winning re-election last week and set out the goal for the week's debt talks. >> there's only one way to solve the challenges and that is together. i have been encouraged to hear republican after republican agree on the need for more revenue from the wealthiest americans as part of our arithmetic if we're serious about reducing the deficit. the most important step we can take right now, we right away say 98% of americans don't see the taxes go up. 97% of small businesses won't see the taxes go up. if we get that in place, we are removing half of the fiscal cliff, half of the danger to our economy is removed by that single step. >> more on that coming up because questions at the press conference turned to the scandal everyone is talking about. involving former cia director david petraeus who will testify tomorr
," monday, november 12th. >>> we kick off this week on "the cycle" with no upcoming election and no massive impending storm to warn you about. let's take a moment to enjoy the calm. >> nice. >> all right, enough of that. we enjoyed the peace for about as long as washington did. there's an unfolding story of the resignation of cia director david petraeus that broke on "the cycle" on monday. when the lame duck congress waddling in tomorrow, there's aa promise of a con sill to her tone. steve, can you fall off a sloef? >> it feels really good, exactly. >> they start to tackle the nation's debt. there's fear of sbimgtsment cuts and, of course, tax reform. the president is packing a he schedule with high profile meetings to try and get something done. tomorrow labor leaders, wednesday business leaders and corporate executives, and friday congress aal leaders from both sides of the aisle. we start with rob cox at reuters breaking news. rob, do you expect compromise or continuing to fight? >> well, i do expect compromise, but remember, the fiscal cliff is one artificial construct cooked up by the
netanyahu is up for election in january. we have morsi with just basically still the new head of egypt. the muslim brotherhood does not like or respect israel at all. how do these other pieces, these leaders, new leader and leader facing election soon, factor into the whole situation? >> mercy is in a particularly vulnerable situation here. when mubarak was heading egypt, he could ignore the arab streak and the protests against israeli attacks in gaza. morsi can't do that. he's also the head of the muslim brotherhood, and hamas is a branch of muslim brotherhood. this is a very complicating factor. i mean, we should say, though, that i think morsi or anyone else in egypt is looking to start a war with the israelis. they're going to have to much more cognizant of what's going on and responsive to, again, i think a sentiment aamong the arab is that the israeli actions are unjustified. as far as netanyahu is concerned and the upcoming election, look, he's playing to a domestic constituency. every time the israelis go into gaza, they do limited damage to hamas and other limited damage to ot
or the democrat from maryland, her number two would assume as the top democratic leader. >> i know the election was a long time ago, but i just wanted to refresh everyone's memories a little bit about what we were talking about in the election. >> i need to know that they should focus on creating jobs and growing the economy. >> we have a jobs crisis. >> we're going to create one million new manufacturing jobs. we're going to train two million workers. >> the answer isn't government. the answer is more good jobs. >> what happened to jobs? when are we going to talk about jobs? >> it's really funny because during the campaign trail, both romney and the president they voided the whole fiscal cliff. there was little talk about what washington will have to do. here we are and have to deal with the major issues that could have a negative impact on the economy. the people who were pushing big deficit packages, even the business communities say, if we get a deal, that would be good for the economy and grow jobs. but if there are tax increases, that could set the economy back. something the cbi warns if
Search Results 0 to 11 of about 12 (some duplicates have been removed)

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